Profitable Florist for Sale in Singapore
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 20 - 30 thousand |
Run Rate Sales | USD 28.3 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Florists + 1 more |
Locations | Singapore |
Local Time | 10:20 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Successfully fulfilled 663 orders per year and around 52 orders a month.
- Total revenue of the business per year is SGD 36k+ with high-profit margins.
- Business has an online website for direct sales (accepts Credit/Debit Card, PayNow, GrabPay/ PayLater, Shopee Pay/ PayLater), Grab Mart (started recently) and an Instagram following of about 4.4k. ROI was in less than 4 months.
- Apart from our flower bouquets, we are known for our exquisite wrapping style.
- The website has a loyalty program with a client base of 330 members.
- The average price for the balloon bouquets ranges from SGD 38 to SGD 156.
- The business has connections to 3-4 floral suppliers in SG (both fresh and preserved flowers). Can further reduce cost if cheaper suppliers are found.
- Usually bought by people of all ages to celebrate both private occasions as well as gatherings.
- Sold through website, Grab Mart and Instagram.
Intangible assets include Instagram account, Grab Mart account and online website.
Self funded initially. Now it is 100% running from the shops' profits.
A self sustaining business.
100% shares with the sole proprietor.
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Earlier than 15 daysGroup Manager, Automotive, Gurgaon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Holding - Technology, Jakarta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Printing Services, Singapore, Individual Investor / Buyer connected with the Business